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Hilton Grand Vacations strikes deal to acquire Diamond Resorts

Cabo Azul and Embarc seem to til the list of appealing DRI Properties. Anyone care too add to that list?

to note, Diamond members cannot access Embarq properties and vice versa. We own Embarq but we do not play together.

appealing propeties opens up a whole can of worms as what is appealing to one may not be appealing to another. Nice Diamond properties are Cabo Azul, Cancun Resort, Charter Club, Mystic Dunes, Grand Beach, Polo Towers, Oceanaire, Greensprings, Bent Creek, KBC, Point @ Poipu, The Cove. There are several others really depending on what is appealing to you.
 
How long before we start whining that we can't book DRI online?
I predict integration with the HGVC system will be long+convoluted.
.

and vice versa for Diamond members wanting to book HGVC properties.

BTW, can y'all booking nightly in HGVC or only weekly? I ask because while y'all have a point system, it has a different basis than ours.
 
So, the guide doesn't include any of the Embarc/Intrawest resorts...what's the deal? Are they owned by DRI or not? Can we expect they're included in this deal?

Otherwise, I just went through and for DRI owned resorts (not affiliates) I'm not overly excited as an HGV owner. Looks like some nice additions in AZ, Cabo, St. Maarten, UK and Spain (but a LOT of Canary Islands, which isn't that interesting) and that's about it. The rest of the US locations are not very interesting or the accommodations look subpar. If we can add Embarc/Intrawest to the list there are some nice additions with Canada, Palm Springs, Sandestin and Zihuatanejo.

A few interesting observations:
  • The Crescent in South Beach Miami is right next door to the McAlpin. Good opportunity for some synergies there.
  • There is a TON of Orlando area inventory...like an ABSURD amount.
  • Everything in Asia, Australasia, Central/South America and Africa appeared to be "affiliates".

Diamond owns Embarq but Embarq's HOA was successful in keeping the Embarq properties from merging with Diamond properties.

Most of the Orlando properties were picked up with the acquisition of Island One.

Everything outside of US/Europe/Hawaii/Mexico IS affiliated. Diamond owns about 95 resorts and has about 300 affiliates.
 
O.k... here is a quick list from the various sources. I have probably missed one or two as I only have 81. Then if you add in the 9 Embarc resorts you get to 90 (but apparently there should be 92). Only included those that did not have an affiliate or managed indication.

Alpine ClubAustria
Bell Rock InnAZ
Kohls Ranch LodgeAZ
Los Abrigados Resort and SpaAZ
PVC at the RoundhouseAZ
Rancho Manana ResortAZ
Scottsdale Links ResortAZ
Scottsdale Villa MirageAZ
Sedona SummitAZ
The Ridge on Sedona Golf ResortAZ
Varsity Clubs of AmericaAZ
Lake Tahoe Vacation ResortCA
Marquis Villas ResortCA
Palm Canyon ResortCA
Riviera Oaks Resort & RacquetCA
Riviera Shores ResortCA
Riviera Beach ResortCA
Cala BlancaCanary Islands
Club del CarmenCanary Islands
Jardines del SolCanary Islands
Royal Sunset BeachCanary Islands
Royal Tenerife Country ClubCanary Islands
Santa Barbara Golf and Ocean ClubCanary Islands
Sunset Bay ClubCanary Islands
Sunset Harbor ClubCanary Islands
Sunset View ClubCanary Islands
The Historic Crags LodgeCO
Alhambra at PoincianaFL
Alhambra VillasFL
Barefoot'n ResortFL
Bryan's Spanish CoveFL
Charter Club Resort of NaplesFL
Crescent Resort on South BeachFL
Cypress Pointe ResortFL
Daytona Beach RegencyFL
Grand Beach ResortFL
Grande Villas ResortFL
Liki Tiki VillageFL
Mystic Dunes Resort and GolfFL
Orbit One Vacation VillasFL
Parkay Intgernational ResortFL
Polynesian Isles ResortFL
The Cove on Ormond BeachFL
Le Club MouginsFrance
Royal RegencyFrance
Kaanapali Beach ClubHI
The Modern HonoluluHI
The Point at PoipuHI
Varsity Clubs of America - South bendIN
Palazzo CatalaniItaly
Cabo Azul Resort and SpaMexico
Sea of Cortez Beach ClubMexico
The Suites at Fall CreekMO
Beachwoods ResortNC
Villas de Santa FeNM
Cancun Resort Las VegasNV
Desert Paradise ResortNV
Polo Tower SuitesNV
Polo Tower VillasNV
Vilar Do GolfPortugal
Los Amigos beach ClubSpain
Royal Oasis Club at Pueblo QuintaSpain
Sahara SunsetSpain
White Sands BeachSpain
Flamingo Beach ResortSt. Maarten
Royal Palm Beach ResortSt. Maarten
Bent Creek Golf VillageTN
Cromer County ClubUK
Pine Lake ResorUK
Thurnham HallUK
Woodford bridge County ClubUK
Wychnor Park Country ClubUK
The Kenmore ClubUK
Cedar Breaks Lodge and SpaUT
Beach Quarters ResortVA
Boardwalk Resort and VillasVA
Greensprings Vacation ResortVA
Ocean Beach ClubVA
Oceanaire ResortVA
The Historic Powahatan ResortVA
Turtle Cay ResortVA

Fairways Forest, NC and Palazzo Soriano, Italy and Sunrise Ridge, TN
 
I don't believe the Embarc resort we stayed at Whistler was clocktower. It was next to the Fairmont up the hill from town. Nice resort with great walk on skiing (but I hope they updated the shabby chic furnishings since we visited).
Correct. The Intrawest/Embarc is not Clocktower. When I commented about DRI inventory I wasn't thinking about Embarc because that is partitioned off from everything else DRI.

KBP will be a great addition. They should have acquired when it was an Embassy Suites. IMO the location is better than HGV in Kihei. Right on the beach (no road) next to the Westin Kaanapali resort and the upscale Hono Koa resort. The KBP building needs renovation and updating. IMO the pink is hideous, the metal railings make it look cheap and the grounds seem to be missing something. The interiors need an update too based on the photos.
Fifteen or more years ago, Hilton was negotiating with Sunterra to buy both Embassy Vacation Club resorts in Hawaii - Ka'anapali and Po'ipu. This was before Sunterra added those resorts to Club Sunterra. I don't remember if they still had the Embassy name.

Sunterra actually didn't own those properties outright. Both were owned by partnerships, and Sunterra was the managing partner at each resort. So that made negotiations more difficult. We were told by several people at the resorts, who I believed to straight-shooters (including a couple of people involved at a senior level in resort management and operations and not with sales), that a deal was close to be signed and that when we came back next time it would be a Hilton property. Also that Ka'anapali was the property Hilton really wanted; Hilton was less enamored of Po'ipu because it wasn't set up like a hotel.

The sale was never completed, and after the deal collapsed Sunterra created the Sunterra Hawaii trust to add the EVR properties they controlled into Club Sunterra. They also bought out the partnerships and became sole owner of the Developer interests at the resorts, including the management contracts.

*********

This was also the period when Sunterra was going downhill financially, and resort maintenance was suffering throughout the entire Sunterra operation. We stayed at Ka'anapali one time, and saw that resort maintenance was lacking. While were at the resort, I made some posts on TUG about the resort conditions, providing specific details of what we noted. (Particularly a lot of corrosion of metalwork, including in the atrium area.)

A day later I got a call from the Ka'anapali resort manager, verifying that I was the person who had posted on TUG. He was quite gracious and immediately acknowledged the issues I had pointed and the maintenance under-funding. He asked to meet with me, and I agreed. He again acknowledged the issues I noted, said they were aware and had developed a program of corrective activities, including a corporate commitment to increased funding for the program over several years. He gave me a tour of the property describing the program and priorities. He also pointed a number of items that I hadn't seen that were clear issues.

In the cobwebbed recesses of my memory, I have a bit of a recollection that the sticky point that collapsed the Hilton purchase was an inability to agree on the price discount to be provided based on backlogged maintenance. Most likely, what Hilton considered to be minimum required rehabilitation to meet their standards was significantly higher than Sunterra's minimum standards, and they couldn't close the gap.

So here we are nearly 20 years later, and Hilton is finally getting their Ka'anapali resort. Interesting to think how different things would be now had that Hilton sale gone through.
 
and vice versa for Diamond members wanting to book HGVC properties.

BTW, can y'all booking nightly in HGVC or only weekly? I ask because while y'all have a point system, it has a different basis than ours.

It depends. If you are using your points to make a club reservations, you can make a reservation as short as 3 nights. If you are using your home week, that’s only a week reservation. At 30 days, you can book 2 nights or more using cash (open season).
 
So what does this mean?
Well if Embarc and Grand Pacific won’t be accessible ( I guess they must be affiliates) then there is nothing else of interest for me in this “merger”. And from what i read in the CEO’s letters, they will rebrand the Diamonds as a new category entirely: let’s say they call it “Diamond by HGV” . It will probably operate like the Hilton club and HGVC interact now. A limited crossover booking window. and that will eliminate any possibility of someone in a different category during limited club use timeframes from getting any truly prime inventory, as those reservations will be long gone before the shared booking window opens.
 
It depends. If you are using your points to make a club reservations, you can make a reservation as short as 3 nights. If you are using your home week, that’s only a week reservation. At 30 days, you can book 2 nights or more using cash (open season).

Point owners in Diamond don't have "home" weeks. We simply own points in a Trust (US, Hawaii, Latino, Europe). So the minimum reservation length is 3 nights? That sucks (Diamond has a minimum of 2 nights which is great for doing a Fri/Sat weekend and a maximum of 84 nights per reservation).
 
Where did you see acquiring access to Embarc resorts? Diamond Club members have not had this access since Diamond bought Intrawest.
I was just looking at their site this morning, they are all listed under their locations, and I didn’t realize they are just affiliates, I thought maybe they bought them out previously.
 
to note, Diamond members cannot access Embarq properties and vice versa. We own Embarq but we do not play together.

appealing propeties opens up a whole can of worms as what is appealing to one may not be appealing to another. Nice Diamond properties are Cabo Azul, Cancun Resort, Charter Club, Mystic Dunes, Grand Beach, Polo Towers, Oceanaire, Greensprings, Bent Creek, KBC, Point @ Poipu, The Cove. There are several others really depending on what is appealing to you.

But Club Intrawest was once an affiliate of HGV prior to the Diamond buy. Hopefully that can resume. I've only stayed at the Palm Desert resort and we really liked it.
 
Well if Embarc and Grand Pacific won’t be accessible ( I guess they must be affiliates) then there is nothing else of interest for me in this “merger”. And from what i read in the CEO’s letters, they will rebrand the Diamonds as a new category entirely: let’s say they call it “Diamond by HGV” . It will probably operate like the Hilton club and HGVC interact now. A limited crossover booking window. and that will eliminate any possibility of someone in a different category during limited club use timeframes from getting any truly prime inventory, as those reservations will be long gone before the shared booking window opens.

Grand Pacific is an affiliate. Embarq is Diamond owned but it's assets were not intertwined with Diamond's. Diamond owned Embarq the way Apollo owned Diamond.
 
Fairways Forest and Pallazzo said Affiliated Resort and Sunrise Ridge indicated Managed Resort on the link provided so I did not include those (https://cmsprod.diamondresorts.com/sites/default/files/us-member-benefits-book-combined_23.pdf).... have those changed or since Sunrise is a Managed Resort that management would transfer over to HGVC?
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Diamond is not known for updating it's website in a timely fashion. ;) Fairway Forest, Palazzo at Soriano, and Sunrise Ridge are all Diamond managed resorts.
 
I own at HGVC Grand Pacific Mar Brisa which can be dual affiliated. The resort started out as a Grand Pacific developed property and then HGVC took over. Because I own one of the original units it is part of the GP group and I also qualified it as an HGVC unit, I have already have access to all the HGVC properties and all the Grand Pacific Properties. I wonder if HGVC will now expand the relationship with the other Grand Pacific resorts since it seems DRI has an affiliation with them as well.
 
Fairways Forest and Pallazzo said Affiliated Resort and Sunrise Ridge indicated Managed Resort on the link provided so I did not include those (https://cmsprod.diamondresorts.com/sites/default/files/us-member-benefits-book-combined_23.pdf).... have those changed or since Sunrise is a Managed Resort that management would transfer over to HGVC?
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I think you need to include managed resorts. I believe your lost should exclude only resorts that are identified as club affiliated.
 
I think you need to include managed resorts. I believe your lost should exclude only resorts that are identified as club affiliated.

I agree that "managed" resorts should be probably be included for this purpose.
 
Be aware, most of Diamonds' locations are "Affiliates", meaning low or almost no inventory

I really dont care for any affiliates (HGVC or Diamond) as getting those are challenging. As I said before, this is probably more bad news for me as a HGVC member than good as I am not sure what resorts are good (ie comparable to Elara, NYC, Tuscany, etc) and what ones are more like Motel 6

Perhaps someone can share the CORE Diamond resorts are are nice resorts (and kissimmee is not that desirable as HGVC already has 4 resorts in Orlando)
 
Looks like Apollo is losing a bunch of money on the deal. DIdn't they pay over $2 billion to buy Diamond and now they are selling for $1.5 billion?
Looks like the "big rumor" about "going public" got squashed by the WuFlu pandemic. That was the "hot tip" in Summer of 2019. HAH.
 
IMHO...Just like any acquisition, it wouldn't surprise me if HGVC pares the tree - sells or spins off some low end Diamond resorts that will cost more to upgrade to the Hilton brand standard than to keep owners satisfied with maintenance fees to cover this upgrade. Especially some of the redundant properties in Florida, Vegas and in less popular locations - Cayugas Mexico? Canary Islands?

It was rumored that Hilton Hotel brand was concerned about Diamond taking over HGVC and the effect on the brand. I surmise that HGVC will be evaluating each property to determine if each meets the Hilton Brand standard so they don't risk losing the brand license.
 
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IMHO...Just like any acquisition, it wouldn't surprise me if HGVC pares the tree - sells or spins off some low end Diamond resorts that will cost more to upgrade to the Hilton brand standard than to keep owners satisfied with maintenance fees to cover this upgrade. Especially some of the redundant properties in Florida, Vegas and in strange places - Cayugas Mexico? Canary Islands?
The developers/resort managers don't really own any properties. They may own individual weeks within a resort, but generally the resorts are owned by the owners and controlled by an HOA BOD. It is possible that HGVC could either drop the management of several resorts or sell the management rights to someone else. Not sure who else. The resorts could also become independant and have management taken over by smaller management companies like VRI (owned by Marriott Vacations Worldwide).

When DRI took over resorts, they jacked up the maintenance fees. From what I understand, early on they would also do a lot to upgrade the resorts and bring them up to better quality. Later, they just jacked up the fees without much return for the owners. That money had to go somewhere though. I think HGVC could over time improve a lot of the resorts if the resort HOAs= and BOD are willing. If they aren't willing then HGV and the HOA can part ways and the resort kind of goes into oblivion and can really only trade via RCI or II (for the most part). It would often be in their best interest to get the upgrades and stay in the club as it should leave them with better options for us. Some owners just don't see the value in that though and are happy to use what they own.
 
I really dont care for any affiliates (HGVC or Diamond) as getting those are challenging. As I said before, this is probably more bad news for me as a HGVC member than good as I am not sure what resorts are good (ie comparable to Elara, NYC, Tuscany, etc) and what ones are more like Motel 6

Perhaps someone can share the CORE Diamond resorts are are nice resorts (and kissimmee is not that desirable as HGVC already has 4 resorts in Orlando)

Come on. There is a huge difference between motel 6 ($40 a night) and HGV level hotels/resorts ($200-500/night retail)within the industry; motel 6 is considered budget and most HGV are upper upscale. There are 6 tiers between the two. Keep in mind for every person like you there are probably two happy to stay at equiv of a Hampton inn for twice as many nights. And while that may not be good enough for you, keep in mind Hampton inn is the most popular hotel in North America - by far.
 
But Club Intrawest was once an affiliate of HGV prior to the Diamond buy. Hopefully that can resume. I've only stayed at the Palm Desert resort and we really liked it.
Within the timeshare system, I don’t know if affiliate and managed have the same meaning but HGVC managed Club Intrawest in Sandestin. HGVC members had easy access to the property. I do hope that is reinstated.
 
Diamond owns Embarq but Embarq's HOA was successful in keeping the Embarq properties from merging with Diamond properties.

Most of the Orlando properties were picked up with the acquisition of Island One.

Everything outside of US/Europe/Hawaii/Mexico IS affiliated. Diamond owns about 95 resorts and has about 300 affiliates.

I heard that even the resorts they own, they don't own all the units in the resort. Therefore, even though there are 95 resorts in the Diamond Resort System, there are somewhat less units owned.

AVAILABILITY to reserve what a member doesn't own to me is the key issue in all of this.

The quality standard and the number of points assigned to the Diamond Resorts is critical. The Diamond Properties are substandard compared to HGVC resorts then those resorts shouldn't be part of the HGVC exchange system until they are upgraded. The ones that are HGVC quality or close enough in quality that they can be readily upgraded could be assigned HGVC points to be used in the HGVC reservation system. Depending on how many members and the number of points that each of those new members have the availabilty at some of the HGVC could become very tight.
 
So am I a HGVC owner now? I bought my DRI TS for $1. I am hoping that HGVC has a better deedback program.
 
My guess is that there is no free lunch in life, and in particular in the time share world. HGVC will want a pound of flesh somewhere along the line for access to any additional resorts from the DRI collection. I had to come to peace with the offerings that HGVC has to date. Any access to Kannapali or other top end DRI resorts would be a bonus, but I am not holding my breath.
 
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